Examples of Predecessor Company in a sentence
Sales Tax Liability of Predecessor Company The Taxpayer indicated that prior to January 5, 1998, the business was owned and operated by Robert and Barbara D (“D’s”).
The term, "Predecessor Company" refers to the Company for periods prior to and including May 19, 2005, and the term "Reorganized Company" refers to the Company for periods on and subsequent to May 20, 2005.
Fiscal Year 2012 Fiscal Year 2011 Consolidated Successor Company For the Period fromFor the Year EndedDecember 23, 2010 toSeptember 28, 2012September 30, 2011($ in millions) Net sales$ 1,687$ 1,258Operating income Combined Predecessor Company Net Sales Net sales increased $12 million for the three months ended September 28, 2012, to $461 million from $449 million for the three months ended September 30, 2011.
Due to the adoption of fresh-start reporting, the Predecessor Company and the Reorganized Company financial statements are prepared on different bases of accounting.
STATUS106.3 SERVICEService is defined as the length of an employee's continuous employment since his/her Employment Date with Company, a Predecessor Company, any Company or association named in Section 106.2 above, and as provided hereafter in Section 106.4. The continuity of an employee's Service shall be deemed to be broken by termination of employment for any reason or layoffs for lack of work which is in excess of the time provided for in Subsection (a) below.